"The delisting will also not change the company's share structure," said Li Mingguang, vice-president, chief actuary and board secretary of China Life Insurance Co Ltd. "Investors can change American depositary shares into H shares if they want to continue to hold China Life's stocks.
中国人寿保险股份有限公司副总裁、首席精算师兼董事会秘书李明光表示:“退市也不会改变公司的股权结构。如果投资者想继续持有中国人寿的股票,可以将美国存托股票改为H股。”。
Jason Yao, chief financial officer and chief actuary, said the Chinese mainland's insurance market was far from saturated compared with that in other developed countries.
The challenges posed by the long-term savings business, especially the interest rate environment, in the first half of 2018 is the major reason for the decrease, said Li Mingguang, vice-president, chief actuary and board secretary of China Life Insurance.
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